383 results found

On 29 May 2024, at Blockchain Ireland Week, Gerry Cross, Director for Financial Regulation, Policy and Risk at the Central Bank of Ireland (Central Bank), updated the crypto assets industry on the Central...

On 4 April 2023, in a welcome development the Central Bank of Ireland (the "Central Bank") updated its AIFMD Q&A (47th edition) to increase the investment limits for qualifying investor...

ESMA's final guidelines on reverse solicitation under the Markets in Crypto Assets Regulation ("MiCA") define how non-EU crypto firms (the "Firms") may interact with EU clients.

One of the lasting impacts of the pandemic has been the accelerated acceptance of the role of technology in more and more areas of our lives.

Welcome to the March 2023 edition of Legal News. Here is a selection of our recent publications on subjects that may affect you or your business.

Over the past decade the world has seen the influence of cryptocurrencies such as Bitcoin and Ethereum grow year on year. In line with this, Irish investment in cryptocurrency has increased...

On 10 December 2021, the Central Bank of Ireland ("CBI") issued a communication to firms seeking authorisation as a payment institution ("PI") or electronic money institution ("EMI").

The European Commission has published a proposed regulatory framework for Markets in Crypto-Assets as part of its Digital Finance Strategy 2020. This FAQ addresses the background and the key proposals contained in the Proposed Framework.

While the onset of the Covid-19 pandemic in early 2020 led to a bear market in global equities and similar negative performance for fixed income and real estate funds around the globe, one...

Back in July 2021 the European Commission (the "EU Commission") published a proposed Regulation on transfer of funds and certain crypto-assets ("EU Commission Proposal").

As the use of technology becomes more prevalent in our day to day lives, it is no surprise that firms in the financial services sector are seeking...

There have been a number of developments over the quarter:

Prediction markets are rapidly expanding from niche financial instruments to mainstream retail products, but their regulatory classification across EU jurisdictions remains uncertain. Are these event contracts financial instruments under MiFID, crypto-assets under MiCAR, or gambling products subject to national betting laws? The answer depends on product structure, underlying events, and jurisdiction, creating significant compliance challenges for operators seeking to scale across Europe.

The Central Bank published its Securities Markets Risk Outlook Report for 2022 this morning, setting out what it sees as the key conduct risks for securities markets in 2022.

We discussed the Hub post launch here. The CBI has recently published its ‘Innovation Hub 2019 Update', which tracks the Hub developments from its establishment through to the end of 2019.

On 14 April 2021, crypto-asset services became subject to regulation in Ireland for the first time. On that date, the Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2021,...

The Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2021 which transposes aspects of the EU Fifth Money Laundering Directive EU/2018/843 brings virtual asset service providers within the scope of ...